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Shanghai down 3% for the week!

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decline_6 April 26, 2013 (Chinavestor) Chinese stocks were mixed in Asia on Friday. The Hang Seng Index (INDEXHANGSENG:.HSI) climbed 146.5 points or 0.6% on the back of US market strength. But the Shanghai Composite Index (SHA:000001) continued to slide and was off 21.4 points or 1.0% by the end of the day. The index itself is off 2.97% for the week! China's manufacturing data earlier the week provided another evidence that the country's economy is slowing.

 

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